J. Lance Carter, President and Chief Executive Officer of HBT Financial (HBT), said, “We ended 2024 with another quarter of strong earnings. Adjusted net income of $19.5 million, or $0.62 per diluted share, increased from $19.2 million, or $0.61 per diluted share, in the third quarter of 2024. Underpinning this strong financial performance was our resilient net interest margin of 4.01% for the fourth quarter of 2024, down only 2 basis points from the third quarter of 2024 despite the Federal Reserve cutting the federal funds target range by 100 basis points since September 18, 2024. Our strong earnings generated good returns with adjusted ROAA of 1.56% and adjusted ROATCE of 16.77% for the fourth quarter of 2024 and 1.50% and 17.19%, respectively, for the full year of 2024.”
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